Paul Hastings, a leading global law firm, announced today that it represented Deutsche Bank as the sole bookrunner in Ayala Corporation’s US$155 million (PHP6.45 billion) treasury share block sale. Ayala Corporation is one of the Philippines’ largest conglomerates, with interests in real property, banking, telecommunications, water, infrastructure and energy.
Tags: Paul Hastings LLP | Hong Kong
Paul, Weiss advised Ivanhoe Mines, a Canadian mining company with operations focused in the Asia Pacific region and majority-owned by Rio Tinto, on a $1.8 billion rights offering, which closed on July 27, 2012, as part of a comprehensive financing plan for continuing development of its Oyu Tolgoi copper mine in Mongolia. Rio Tinto committed to support the rights offering by exercising its full basic subscription privilege with respect to its 50.9% shareholding in Ivanhoe Mines, as well as by providing a standby commitment for the full amount of the rights offering, subject to certain conditions.
Tags: Paul, Weiss, Rifkind, Wharton & Garrison LLP
Brian T. Hafter has joined the law firm of LeClairRyan as a partner on the Business Litigation and Intellectual Property & Technology Litigation Practice Area Teams. He will be resident in the national law firm’s San Francisco office.
Tags: LeClair Ryan, PC
Baker Hostetler announced today that Dennis P. Duffy has joined the firm’s Employment and Labor Group as Partner in its Houston office. He comes to Baker Hostetler from Baker Botts LLP where he was Chair of the Labor and Employment practice.
Tags: Baker & Hostetler LLP | HoustonStamford Law’s growth as a major regional player has received a significant boost with the admission of two international leading lawyers, Justyn Jagger and Timothy Cooke, and local talent, Wong Kee Fong, who bring extensive regional experience to the firm. Attracting leading international lawyers, Justyn Jagger and Timothy Cooke from recognised global practices is a real coup for Stamford Law and a milestone in its development as a major regional law firm.
Tags: Singapore
Baker & McKenzie’s Securities team recently advised the issuer, CFG Investment S.A.C., an indirect wholly-owned Peruvian subsidiary of China Fishery Group Limited, on its offering of 9.75% Senior Notes due 2019 in a principal amount of USD300 million. The Notes are guaranteed by China Fishery Group Limited and certain of its wholly owned subsidiaries. The Notes are listed on the Singapore Exchange Securities Trading Limited. The Notes have been rated Ba3 by Moody’s Investors Service, Inc., BB– by Standard and Poor’s Ratings Services and BB by Fitch Ratings, Inc.
Tags: Baker & McKenzie LLP | Hong Kong
International law firm McDermott Will & Emery today announced the appointment of Marcos Daniel Jiménez (“Marc”) as a partner in the Firm’s Trial Practice, based in Miami and New York.
Tags: McDermott, Will & Emery | Miami
The Firm represented the underwriters, led by Citigroup Global Markets Inc., Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, in connection with the public offering of $2.0 billion of debt securities of Bristol-Myers Squibb Company (“BMS”), consisting of $750,000,000 of 0.875% Notes due 2017, $750,000,000 of 2.000% Notes due 2022 and $500,000,000 of 3.250% Notes due 2042.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented Toys “R” Us, Inc. (“TRU”) in connection with its Rule 144A and Regulation S offering of $450 million aggregate principal amount of 10.375% Senior Notes due 2017. TRU intends to use the net proceeds of the offering to redeem its existing senior notes due 2013 and for general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm recently represented the underwriters, led by Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in connection with a public offering by FedEx Corporation of $500 million aggregate principal amount of 2.625% Notes due 2022 and $500 million aggregate principal amount of 3.875% Notes due 2042. The Notes are guaranteed by 10 subsidiaries of FedEx. The offering closed on July 27, 2012.
Tags: Simpson Thacher & Bartlett LLP | New York